NYSE:ENV Envestnet (ENV) Stock Forecast, Price & News $52.33 +0.20 (+0.38%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$51.93▼$52.6450-Day Range$52.16▼$66.3152-Week Range$41.72▼$69.22Volume673,560 shsAverage Volume434,632 shsMarket Capitalization$2.85 billionP/E RatioN/ADividend YieldN/APrice Target$63.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Envestnet MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside21.8% Upside$63.75 Price TargetShort InterestBearish8.80% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.84Based on 5 Articles This WeekInsider TradingSelling Shares$749,325 Sold Last QuarterProj. Earnings Growth50.41%From $1.23 to $1.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.62 out of 5 starsBusiness Services Sector303rd out of 347 stocksBusiness Services, Not Elsewhere Classified Industry83rd out of 91 stocks 2.3 Analyst's Opinion Consensus RatingEnvestnet has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $63.75, Envestnet has a forecasted upside of 21.8% from its current price of $52.33.Amount of Analyst CoverageEnvestnet has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted8.80% of the float of Envestnet has been sold short.Short Interest Ratio / Days to CoverEnvestnet has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.Change versus previous monthShort interest in Envestnet has recently increased by 1.11%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldEnvestnet does not currently pay a dividend.Dividend GrowthEnvestnet does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ENV. Previous Next 3.2 News and Social Media Coverage News SentimentEnvestnet has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Envestnet this week, compared to 4 articles on an average week.Search Interest4 people have searched for ENV on MarketBeat in the last 30 days. MarketBeat FollowsOnly 3 people have added Envestnet to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Envestnet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $749,325.00 in company stock.Percentage Held by InsidersOnly 9.20% of the stock of Envestnet is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Envestnet are expected to grow by 50.41% in the coming year, from $1.23 to $1.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Envestnet is -24.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Envestnet is -24.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEnvestnet has a P/B Ratio of 3.86. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Envestnet (NYSE:ENV) StockEnvestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through Envestnet Wealth Solutions and Envestnet Data and Analytics segments. The Envestnet Wealth Solutions segment provides unified wealth management software and services to empower financial advisors and institutions. The Envestnet Data and Analytics segment is involved in data aggregation and a data analytics platform powering dynamic, cloud-based innovation for digital financial services. The company was founded by Judson Taft Bergman, James Winfield Lumberg, William C. Crager, and Brandon Rockwell Thomas in 1999 and is headquartered in Berwyn, PA.Read More Receive ENV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Envestnet and its competitors with MarketBeat's FREE daily newsletter. Email Address ENV Stock News HeadlinesMay 26, 2023 | americanbankingnews.comInsider Selling: Envestnet, Inc. (NYSE:ENV) Insider Sells 4,000 Shares of StockMay 24, 2023 | finance.yahoo.comInfinant Announces Partnership with Envestnet Data and Analytics to Empower Banks to Create Embedded Products for the Digital EconomyJune 1, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 24, 2023 | benzinga.comEnvestnet Principal Accounting Officer Sold $218K In Company StockMay 24, 2023 | finance.yahoo.comEnvestnet, Inc.'s (NYSE:ENV) Low P/S No Reason For ExcitementMay 21, 2023 | americanbankingnews.comEnvestnet (NYSE:ENV) Earns Sell Rating from Analysts at StockNews.comMay 18, 2023 | americanbankingnews.comEnvestnet, Inc. (NYSE:ENV) Receives Average Recommendation of "Hold" from AnalystsMay 17, 2023 | venturebeat.comAI-driven personalization-at-scale: The key to boosting fintech customer engagement and revenueJune 1, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 11, 2023 | finance.yahoo.comACE Enhances Signature Loan Offering, Giving Advisors Even Greater Confidence in Their Credit CapabilitiesMay 9, 2023 | finance.yahoo.comThese Funds Promise a Fine Balancing Act: Active and Passive InvestingMay 5, 2023 | finance.yahoo.comAll You Need to Know About Envestnet (ENV) Rating Upgrade to Strong BuyMay 5, 2023 | finance.yahoo.comEnvestnet (ENV) Q1 Earnings Beat Estimates, Revenues LagMay 5, 2023 | finance.yahoo.comEnvestnet Earnings Beat Estimates. The Stock is Falling.May 5, 2023 | seekingalpha.comEnvestnet, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 5, 2023 | finance.yahoo.comEnvestnet (ENV) Reports Q1 Earnings: What Key Metrics Have to SayMay 4, 2023 | finance.yahoo.comEnvestnet Reports First Quarter 2023 Financial ResultsMay 4, 2023 | finance.yahoo.comShould You Investigate Envestnet, Inc. (NYSE:ENV) At US$61.19?May 1, 2023 | finance.yahoo.comEnvestnet Features Solutions For Personalization At ScaleApril 26, 2023 | finance.yahoo.comEnvestnet Summit 2023 - Elevate - Inspires Thousands to Deliver The Intelligent Financial Life™April 25, 2023 | americanbankingnews.comEnvestnet, Inc. to Post Q2 2023 Earnings of $0.32 Per Share, William Blair Forecasts (NYSE:ENV)April 23, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Envestnet, Inc. Lowered by William Blair (NYSE:ENV)April 21, 2023 | americanbankingnews.comBrokerages Set Envestnet, Inc. (NYSE:ENV) Price Target at $63.75April 20, 2023 | finance.yahoo.comEnvestnet to Announce First Quarter 2023 Results on May 4, 2023April 20, 2023 | seekingalpha.comEnvestnet: Activist Investor Involvement Is A Positive DevelopmentApril 19, 2023 | finance.yahoo.comStrength Seen in Nayax (NYAX): Can Its 6.2% Jump Turn into More Strength?April 19, 2023 | finance.yahoo.comEnvestnet Named a Leader in Open BankingSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ENV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Envestnet and its competitors with MarketBeat's FREE daily newsletter. Email Address ENV Company Calendar Last Earnings11/08/2021Today6/01/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryInternet Software & Services SectorBusiness Services Current SymbolNYSE:ENV CUSIP29404K10 CIK1337619 Webwww.envestnet.com Phone(312) 827-2800Fax312-827-2801Employees3,429Year FoundedN/APrice Target and Rating Average Stock Price Forecast$63.75 High Stock Price Forecast$80.00 Low Stock Price Forecast$47.00 Forecasted Upside/Downside+21.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($2.16) Trailing P/E RatioN/A Forward P/E Ratio42.54 P/E GrowthN/ANet Income$-80,940,000.00 Net Margins-8.90% Pretax Margin-6.96% Return on Equity7.31% Return on Assets2.89% Debt Debt-to-Equity Ratio1.18 Current Ratio0.75 Quick Ratio0.75 Sales & Book Value Annual Sales$1.24 billion Price / Sales2.30 Cash Flow$3.47 per share Price / Cash Flow15.09 Book Value$13.55 per share Price / Book3.86Miscellaneous Outstanding Shares54,400,000Free Float49,399,000Market Cap$2.85 billion OptionableOptionable Beta1.22 Key ExecutivesBill CragerChief Executive Officer & DirectorJoshua David MayerChief Operating OfficerPeter H. D'ArrigoChief Financial OfficerRobert CoppolaChief Technology OfficerDebra DeVoeChief Compliance Officer & Managing DirectorKey CompetitorsCBIZNYSE:CBZFlywireNASDAQ:FLYWDLocalNASDAQ:DLOFirst AdvantageNYSE:FAWNSNYSE:WNSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 720 shares on 5/26/2023Ownership: 0.018%Ameriprise Financial Inc.Bought 58,231 shares on 5/22/2023Ownership: 0.927%Matthew MajorosSold 4,000 sharesTotal: $218,960.00 ($54.74/share)Rockefeller Capital Management L.P.Bought 4,484 shares on 5/17/2023Ownership: 0.025%IMA Wealth Inc.Sold 1,352 shares on 5/16/2023Ownership: 0.060%View All Insider TransactionsView All Institutional Transactions ENV Stock - Frequently Asked Questions Should I buy or sell Envestnet stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ENV shares. View ENV analyst ratings or view top-rated stocks. What is Envestnet's stock price forecast for 2023? 8 brokers have issued 1 year price targets for Envestnet's shares. Their ENV share price forecasts range from $47.00 to $80.00. On average, they expect the company's share price to reach $63.75 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price. View analysts price targets for ENV or view top-rated stocks among Wall Street analysts. How have ENV shares performed in 2023? Envestnet's stock was trading at $61.70 on January 1st, 2023. Since then, ENV stock has decreased by 15.2% and is now trading at $52.33. View the best growth stocks for 2023 here. When is Envestnet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our ENV earnings forecast. How were Envestnet's earnings last quarter? Envestnet, Inc. (NYSE:ENV) issued its quarterly earnings data on Monday, November, 8th. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. The business services provider had revenue of $303.10 million for the quarter, compared to analyst estimates of $300.78 million. Envestnet had a negative net margin of 8.90% and a positive trailing twelve-month return on equity of 7.31%. The company's revenue was up 20.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 EPS. What ETFs hold Envestnet's stock? ETFs with the largest weight of Envestnet (NYSE:ENV) stock in their portfolio include Global X FinTech Thematic ETF (FINX), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), SPDR S&P Software & Services ETF (XSW), iShares Exponential Technologies ETF (XT), Nuveen ESG Small-Cap ETF (NUSC), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), Principal U.S. Small-Cap Multi-Factor ETF (PSC) and iShares Russell 2000 Growth ETF (IWO). What guidance has Envestnet issued on next quarter's earnings? Envestnet issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $0.45-$0.46 for the period, compared to the consensus estimate of $0.50. The company issued revenue guidance of $312.00 million-$315.00 million, compared to the consensus revenue estimate of $316.99 million. What is Bill Crager's approval rating as Envestnet's CEO? 44 employees have rated Envestnet Chief Executive Officer Bill Crager on Glassdoor.com. Bill Crager has an approval rating of 100% among the company's employees. This puts Bill Crager in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Envestnet own? Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Crown Castle (CCI), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC). What is Envestnet's stock symbol? Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV." Who are Envestnet's major shareholders? Envestnet's stock is owned by a number of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (2.54%), Stephens Investment Management Group LLC (2.45%), Clearbridge Investments LLC (2.19%), RGM Capital LLC (2.05%), Geode Capital Management LLC (1.90%) and Dimensional Fund Advisors LP (1.70%). Insiders that own company stock include Anil Arora, Barry D Cooper, Brandon Thomas, Joshua Mayer, Matthew Majoros, Shelly O'brien, Stuart Depina and William Crager. View institutional ownership trends. How do I buy shares of Envestnet? Shares of ENV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Envestnet's stock price today? One share of ENV stock can currently be purchased for approximately $52.33. How much money does Envestnet make? Envestnet (NYSE:ENV) has a market capitalization of $2.85 billion and generates $1.24 billion in revenue each year. The business services provider earns $-80,940,000.00 in net income (profit) each year or ($2.16) on an earnings per share basis. How many employees does Envestnet have? The company employs 3,429 workers across the globe. How can I contact Envestnet? Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The official website for the company is www.envestnet.com. The business services provider can be reached via phone at (312) 827-2800, via email at investor.relations@envestnet.com, or via fax at 312-827-2801. This page (NYSE:ENV) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Envestnet, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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